Last year’s average London vendor ‘doubled their money’
Research puts average 'profit' for those selling in 2016 at £256k after annual gains of £35k per year
What to read next
‘Average London house prices are likely to breach the £1m barrier before 2030’
Population, employment levels and average earnings are all set to rise faster in the capital than in the rest of the country over the next 15 years, predicts Oxford Economics, and that means that "average…
By Prime Resi
Square Deals: Average price for a home on a London garden square tops £2m
The average price of a home on one of central London’s garden squares now costs above £2m, and commands a 25% price premium over a similar home in the surrounding area, says Hamptons International…
By Prime Resi
The Rise of Rent: 250,000 new rental households created in London in the last year
247,000 new rental households appeared in London last year alone, says CBRE, as "the emerging build-to-rent market is beginning to bear fruit."
By Prime Resi
Most read
Deals & Data: London’s £15mn+ market rebounds in blockbuster first half
Record-breaking sales, resurgent international demand and a surprise winner among the capital's super-prime neighbourhoods - but buyers are still calling the shots.
Property Industry Reactions: New PM Burnham installs Downing Street team
UPDATED: Former Defence Secretary John Healey replaces Rachel Reeves as Chancellor of the Exchequer; Angela Rayner returns to the Cabinet as Housing Secretary.
By PrimeResi
St John’s Wood mansion trades in £29mn deal
Latest NW8 mega-deal revealed in official records.
Knight Frank launches ‘second phase’ of broker recruitment drive
The big-brand estate agency has received 130 enquiries from would-be self-employed brokers so far, with eight being appointed in the last eight weeks.
By PrimeResi
Knightsbridge developer cuts resi for hotel & spa scheme
RBKC has approved a PLP-designed hotel/spa on Pavilion Road, replacing an earlier mixed-use consent with apartments.
By PrimeResi
Has Hamilton Terrace become NW London’s hottest address?
The St John's Wood street has notched up almost £100mn of house sales in the past 12 months.
Resi developer’s global survey reveals ‘what the world thinks of London’
London Square research finds the capital leading the pack for careers and resi investment, with overseas sentiment more upbeat than the domestic narrative might suggest.
Knight Frank signs new Mallorca agency partnership
Balearic agency boss heralds 'a full-circle moment'.
By PrimeResi
Property Vision appoints Sandy Mitchell as Non-Exec
Top-flight buying agency adds well-known prime resi name to its panel of business advisors.
By PrimeResi
Prime vendors lose confidence as buyers turn ‘more selective, more price sensitive & more willing to wait’
88% of Savills' London agents report weaker seller sentiment, rising to 94% in the country, but the market is far from frozen.
LATEST ARTICLES
Veteran sales director joins Douglas & Gordon
Former Aspire, KFH and Fine & Country operator joins London agency's self-employed network.
Super-prime buying ‘flurry’ drives London’s £5mn+ market
New analysis reveals how many high-value sales went through in Q2, plus which outer-prime neighbourhood has joined London's top three £5mn+ enclaves for the first time.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Developer reveals another Abu Dhabi mega-project
Mixed-use waterfront scheme on Yas Island will deliver 1,600 new homes, including branded residences.
By PrimeResi
LeadingRE adds 20 new firms across six continents
Around 500 indie agencies are now signed to the 63-year-old international luxury brokerage network.
By PrimeResi